How To Reduce Losses In

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How To Reduce Losses In
How To Reduce Losses In

Video: How To Reduce Losses In

Video: How To Reduce Losses In
Video: Trick for Beginners to Reduce Losses 🙋🏽‍♂️ 2024, December
Anonim

Many aspiring entrepreneurs face certain difficulties when preparing tax returns. So, for example, they have to indicate that during the reporting period their organization had only losses in its asset. How can you reduce losses and start making profits so that the tax inspectorate does not have an extra reason to come up with an audit?

How to reduce losses
How to reduce losses

Instructions

Step 1

Analyze the activities of your enterprise and the feasibility of certain expenses. Reduce hospitality and executive bonuses and bonuses.

Step 2

Warn your subordinates about possible temporary wage reductions. Try to compensate for the decrease in salary of employees with some kind of non-material benefits. If necessary, carry out the reduction of staff, notifying employees about this 2 months in advance. Coordinate your actions with the labor inspectorate.

Step 3

Do not enter into intermediary agreements with dubious investors and suppliers or for purposes that are far from economic benefits (for example, assistance to related businesses). If the suppliers have caused you a loss, go to court to impose a fine on them in the amount of these losses.

Step 4

On your own or with the help of specialists, conduct a new market monitoring to identify circumstances that hinder the promotion of your product or the break-even activity of your organization.

Step 5

Reduce the cost of goods if you manufacture products. Increase the selling prices for your products (for manufacturers). Do not forget to negotiate new prices with your regular customers.

Step 6

Buy popular product groups in bulk and receive substantial discounts. Increase the value of the goods you sell at retail (for merchants). Be sure to agree on these prices with the tax and trade authorities. Consider the general state of the market when prices rise.

Step 7

Be sure to insure your organization's property. If in the future losses arise for reasons beyond your control (natural disaster, theft), then subject to compliance with the insurance contract, they will be reimbursed.

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